Trendline (Israel) Price on October 25, 2023
TREN Stock | 593.30 0.00 0.00% |
If you're considering investing in Trendline Stock, it is important to understand the factors that can impact its price. As of today, the current price of Trendline stands at 593.30, as last reported on the 4th of December, with the highest price reaching 615.00 and the lowest price hitting 593.30 during the day. Trendline owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.12, which indicates the firm had a -0.12% return per unit of risk over the last 3 months. Trendline exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Trendline's Risk Adjusted Performance of (0.06), variance of 2.63, and Coefficient Of Variation of (1,096) to confirm the risk estimate we provide.
Trendline Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Trendline |
Sharpe Ratio = -0.1214
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Estimated Market Risk
1.84 actual daily | 16 84% of assets are more volatile |
Expected Return
-0.22 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Trendline is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Trendline by adding Trendline to a well-diversified portfolio.
Trendline Valuation on October 25, 2023
It is possible to determine the worth of Trendline on a given historical date. On October 25, 2023 Trendline was worth 770.5 at the beginning of the trading date compared to the closed value of 770.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Trendline stock. Still, in general, we apply an absolute valuation method to find Trendline's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Trendline where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Trendline's related companies.
Open | High | Low | Close | Volume | |
743.10 | 770.50 | 743.10 | 743.10 | 27.00 | |
10/25/2023 | 770.50 | 770.50 | 770.50 | 770.50 | 1.00 |
770.50 | 770.50 | 770.50 | 770.50 | 1.00 |
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Trendline Trading Date Momentum on October 25, 2023
On October 26 2023 Trendline was traded for 770.50 at the closing time. The highest price during the trading period was 770.50 and the lowest recorded bid was listed for 770.50 . There was no trading activity during the period 1.0. Lack of trading volume on October 26, 2023 did not result in any price rise and fall. The trading price change to the current price is 5.26% . |
Trendline Fundamentals Correlations and Trends
By evaluating Trendline's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Trendline's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Trendline financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Trendline Stock history
Trendline investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Trendline is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Trendline will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Trendline stock prices may prove useful in developing a viable investing in Trendline
Trendline Information and Communication Services Ltd. provides information and communication services for business users in Israel. Trendline Information and Communication Services Ltd. was founded in 1981 and is based in Tel Aviv, Israel. TRENDLINE INFO is traded on Tel Aviv Stock Exchange in Israel.
Trendline Stock Technical Analysis
Trendline technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Trendline Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Trendline cannot be verified against its exchange. Please verify the symbol is currently traded on Tel Aviv Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Trendline December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Trendline stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Trendline shares will generate the highest return on investment. By undertsting and applying Trendline stock market strength indicators, traders can identify Trendline entry and exit signals to maximize returns
Trendline Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Trendline's price direction in advance. Along with the technical and fundamental analysis of Trendline Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Trendline to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.06) | |||
Jensen Alpha | (0.14) | |||
Total Risk Alpha | (0.38) | |||
Treynor Ratio | 1.12 |
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Pattern Recognition | ||
Price Transform | ||
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Volume Indicators |
Complementary Tools for Trendline Stock analysis
When running Trendline's price analysis, check to measure Trendline's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Trendline is operating at the current time. Most of Trendline's value examination focuses on studying past and present price action to predict the probability of Trendline's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trendline's price. Additionally, you may evaluate how the addition of Trendline to your portfolios can decrease your overall portfolio volatility.
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